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For some online bank customers, not all high-yield savings accounts are equal

Feb 29, 2024
Online-centric bank customers with high-yield savings accounts aren’t getting the bang for their buck. 
“Make sure you're checking your statements or your online banking portal and seeing what your rate is there," says Wall Street Journal reporter Rachel Ensign.
Patrick T. Fallon/AFP via Getty Images

What do bank branches offer in an online-banking world?

May 3, 2023
JPMorgan Chase's purchase of First Republic includes its brick-and-mortar locations. In-person interaction is still a key part of the business.
Spencer Platt/Getty Images

Banking law rooted in civil rights era gets a 21st century update

May 5, 2022
Federal regulators propose new rules for the Community Reinvestment Act, which requires banks to invest in low- and moderate-income communities.
The Community Reinvestment Act, which aims to close the racial wealth gap, may be updated to cover financial firms that don't rely on neighborhood branches.
Justin Sullivan/Getty Images

Banks suspended overdraft fees for the pandemic. Now, 1 is doing so permanently.

Jun 3, 2021
Ally Bank says the charges made up less than 1% of revenue and disproportionately affected Black, Latinx and low-income customers.
The banking industry generated $12 billion from overdraft fees last year, but for many banks, the charges make little impact on financial results.
Nicola Katie via Getty Images

Those without bank accounts face special challenges during a pandemic

Apr 28, 2020
Mastercard has a new plan to make digital banking more accessible.
Mastercard is expanding its program, pledging to get a billion unbanked people and 50 million unbanked very small businesses into the formal financial system within five years.
Damien Meyer/AFP/Getty Images

Necessity driving Greeks to adopt web banking

Jul 15, 2015
Amid Greek bust, a boom in web banking.

Forget your wallet, text messaging is the way to go.

Jun 18, 2014
Kenya's M-pesa's system has revolutionized how its citizens carry and use money

For public good, not for profit.

Why is our banking system so far behind?

Feb 17, 2014
In U.S., it takes days for a bank payment to clear. In foreign countries, it happens in seconds.